Indonesia: Indonesia-based fintech startup Finantier announced today it has received an undisclosed amount in funding from Y Combinator, the accelerator program behind household names such as Airbnb, DoorDash, Stripe, and Dropbox.
With this financing, Finantier seeks to expand its technology team and continue to grow its product offerings.
“Y Combinator is a unique opportunity for Finantier to accelerate growth with the help of world-class mentors, connect to some of the top early-stage investors and build strategic partnerships for our future expansion plans,” said Diego Rojas, CEO of Finantier.
By partnering with Y Combinator and Two Culture Capital, Finantier shared it is eyeing an expansion into other emerging markets beyond Southeast Asia.
Rojas, Keng Low, and Edwin Kusuma founded Finantier earlier this year to provide the infrastructure and data products required by businesses to build the next generation of financial services.
The startup aims to enable digital platforms to securely work in collaboration with financial institutions to create “seamless and personalized” experiences for consumers, who can benefit from their data.